With their latest deals to fund the data center boom, AI firms are making history — in terms of dollar size, convention-busting structure, and astronomical risk.

Why it matters: The U.S. is betting its economic fortunes on the belief that OpenAI's Sam Altman, Nvidia's Jensen Huang and other AI leaders are wizardly innovators dreaming up novel financing vehicles to drive a golden future — rather than salesmen juggling billions and praying the music never stops.

Friction point: The trillion-dollar question neither Silicon Valley nor Wall Street can answer is whether the AI building spree will end up looking more like Google's epochal long-term value creation or Enron's catastrophically faulty financial engineering.

Driving the news: Nvidia announced Monday it would invest up to $100 billi

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